Listed by Marcus & Millichap - New Jersey
$2,578,000
Ironbound Medical Mixed-Use - 8% Cap
Details
Property Type Office, Retail
Sub Type Apartment Building, Storefront
Square Footage 6,000
Net Rentable (SqFt) 6,000
Cap Rate 8.00%
NOI $206,216
Occupancy 100%
Tenancy Multi
Year Built 2008
Stories 3
Acreage 0.060
Zoning C-2
Ground Lease No
About This Property
Marketing description
Marcus & Millichap is pleased to exclusively present 180 Ferry Street, Newark, New Jersey.
Investment highlights
- +/- 6,200 SF 100% Occupied Three- Story Mixed- Use Building In Newark, Essex County, New Jersey.
- Desirable IronBound Location Which Consists Of 2 Apartments Over 2 Commercial.
- Situated Off The Signalized Intersection Of Ferry Street And Van Buren Street - Over 13,700 Vehicles Per Day.
- Just Minutes By Foot To Penn Station Platform Into Manhattan.
- Extremely Dense Area: Over 797,000 People Within A 5 Mile Radius Of The Subject Property.
- 5 Miles to Newark Liberty Airport.
- Conveniently Located Off of Route 21, US 1&9, I-95, The Garden State Parkway, I-78, And I-80.
Listing Contacts
Listed by Marcus & Millichap - New Jersey
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$206,216.00
$17,184.67/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Zoning
C-2 CommercialSpecial CommercialCommunity Commercial
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View all 120 uses
View all 120 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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